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31583158
31583157

306 ENTERPRISE DR, OXFORD, MS 38655-2762

Cannon Cleary McGraw
Listed by Cannon Cleary McGraw
$3,650,000
55 days on market
Updated 55 days ago

306 Enterprise

Details
APN 135R-22-002.32
Property Type Office
Sub Type Traditional Office, Executive Office (+1)
Square Footage 8,012
Net Rentable (SqFt) 8,012
Units 1
Cap Rate 6.30%
NOI $229,470
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 05/15/2028
Remaining Term 1.9
Rent Bumps No
Class A
Year Built 2018
Buildings 1
Stories 1
Lot Size (SqFt) 8,093
Zoning SCN
Tenant Credit Credit Rated
Lease Commencement 05/15/2018
Sale Condition N/A

Oxford, MS NNN Office Investment | $19,122.50/Month Income | Fully Leased

Marketing description

Investment Overview – Oxford, MS NNN Office Asset

Fully leased, income-producing office building located in the highly desirable Oxford Commons corridor in Oxford, Mississippi. This ±8,000 SF professional office asset is secured by a lease providing stable and predictable cash flow in one of Mississippi’s strongest and fastest-growing markets.

The lease is structured as a true triple-net (NNN) investment, with the tenant responsible for taxes, insurance, and maintenance—minimizing landlord responsibilities and creating a passive ownership profile. The tenant is also responsible for interior maintenance and operational expenses, further enhancing the durability of the income stream.

Strategically positioned within The Park at Oxford Commons, the property benefits from strong surrounding demographics, proximity to the University of Mississippi, and continued growth along the Highway 7 corridor. The professional office layout and quality construction make this a highly functional asset with long-term tenant appeal.

This offering presents investors with:

  • Stable, in-place income backed by a signed lease
  • NNN structure with limited landlord obligations
  • Desirable Oxford, MS location with strong demand drivers
  • Institutional-quality office product in a growing submarket

Ideal for investors seeking a low-management, yield-driven asset in a high-growth Southeastern market.

Investment highlights

Fully leased ±8,000 SF professional office building located in the highly desirable Oxford Commons corridor in Oxford, MS. This investment is secured by a single tenant lease providing stable, predictable cash flow of $19,122.50/month. Structured as a true NNN lease, the tenant is responsible for taxes, insurance, and maintenance, resulting in minimal landlord responsibilities and a passive ownership profile . The property benefits from strong surrounding demographics, proximity to the University of Mississippi, and continued growth along the Highway 7 corridor. Quality construction and functional office layout support long-term tenant retention. Ideal for investors seeking a low-maintenance, yield-driven asset in one of Mississippi’s strongest and fastest-growing markets.

Listing Contacts

Cannon Cleary McGraw
Listed by Cannon Cleary McGraw

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$229,470.00
$19,122.50/mo

Valuation Metrics

0
DSCR
6.29%
Cap Rate
6.29%
ROI

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